TPREL signs 100 MW PPA for solar project at Anantapuram with SECI Updated On Tue, Oct 25th, 2016 by Saurenergy Tata Power Renewable Energy Ltd (TPREL) has signed a Power Purchase Agreement (PPA) for a 100 MW solar project at Anantapuram solar park in Andhra Pradesh with the Solar Corporation of India (SECI). The Commercial Operations Date (COD) of the project as per the PPA is 16th October 2017. The project has been secured through […] Read more
TANGEDCO releases tenders for solar projects Updated On Fri, Oct 21st, 2016 by Saurenergy Tamil Nadu Generation and Distribution Corporation Limited has released tenders for solar power projects in 2016-17. This is the first time the distribution company has floated tenders for solar projects, while the previous ones were scrapped by Tamil Nadu Electricity Regulatory Commission in 2014. Since then TANGEDCO has been signing MoUs at a fixed tariff […] Read more
Suzlon partners with Canadian Solar for 30 MW solar projects in Telangana Updated On Thu, Oct 20th, 2016 by Saurenergy Suzlon Group has partnered with Canadian Solar for two solar projects of 15 MW each at the sites of Ramannapet and Kamareddy, Telangana. Canadian Solar shall acquire 49% stake in Avighna Solarfarms Limited and Amun Solarfarms Limited, the special purpose vehicles (SPVs) setup by Suzlon for executing these projects. Canadian Solar shall provide its top […] Read more
Suzlon collaborates with Unisun Energy for 15 MW Solar Project in Telangana Updated On Thu, Oct 20th, 2016 by Saurenergy Suzlon Group has announced a joint venture with the Unisun Energy Group for the development and construction of a 15MW Solar PV Project located at Bhainsa, Adilabad District, Telangana. According to the contract signed between Suzlon Group and the Unisun Energy Group on August 22, 2016, the Unisun Energy Group shall acquire a 49% stake […] Read more
MYSUN receives a funding of $2.5 Million; Hemant Taneja joins the company’s board Updated On Thu, Oct 20th, 2016 by Saurenergy Recently launched solar marketplace MYSUN (www.itsmysun.com) has received an initial funding of $ 2.5 million. This is the first round of funding after the company was founded by Gagan Vermani and two of his colleagues Divyanshu Sachdev and Gyan Prakash Tiwari in September, 2015 to focus on demand creation, technology, big data, analytics and standardization […] Read more
Hartek Power secures 460 MW solar orders Updated On Thu, Oct 20th, 2016 by Saurenergy Hartek Power has announced that the company has bagged orders for commissioning of 460MW solar projects in the first half of the current financial year, registering an increase of 373% over last year when the company had secured 123MW orders. The 460MW orders secured by the Chandigarh based solar firm include 16 substation projects of […] Read more
Tata Power designates three independent directors Updated On Wed, Oct 19th, 2016 by Saurenergy Tata Power has appointed three independent directors – Anjali Bansal, Vibha Padalkar and Sanjay Bhandarkar – on the its board with effect from October 14, 2016. The appointments are in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tata Power said in a statement today. While Bansal is a […] Read more
India secures payment for 500MW SunEdison Solar Project Updated On Wed, Oct 19th, 2016 by Saurenergy State-owned Solar Energy Corp. of India said the government received fees needed for a 500-megawatt solar park, won by bankrupt renewable-energy developer SunEdison Inc., to go ahead. Solar-park charges of 2 billion rupees ($30 million) along with signed implementation agreements have been received, SECI Managing Director Ashvini Kumar said in an interview. SunEdison Energy India […] Read more
Huge growth forecasted for India’s solar sector Updated On Wed, Oct 19th, 2016 by Saurenergy India’s solar sector outlook is positive in view of a strong government support for the renewable energy sector to achieve the target of 40GW of installed rooftop solar power by 2022 along with high investor interest, says a report. “We maintain our view that inefficiencies in the power grid infrastructure, power supply shortages and the […] Read more
